The Rise of Working While We’re Sick
In what may seem like a boon for companies across the country, the number of sick days we're taking off work is falling. That's the word from insurer Aviva, in their latest Working Lives Report, which is designed to study the issues most affecting employers and...
Bank of England Blames Brexit for Falling Consumer Spending
The Bank of England's governor, Mark Carney, has said that the 'Brexit effect' is starting to take hold as we see a slowdown consumer spending. Many economists and financial experts have been warning since the June 23rd referendum that the slowdown was possible, even...
Should You Treat Your Personal Finance like Running a Business?
Something that we've heard recently is the idea that people should 'run their finances like a business'. It may sound like a motivational soundbite, but we think that there may well be some truth behind it. After all, the purpose of a business is to be profitable,...
Are You Part of the 34% Not Saving for a Pension?
It’s been well-documented that savings rates for UK households are fairly abysmal – a report from the Lords Exclusion Committee found that 40% of all savers have less than £100 stashed away. But no less worrying is a recent study from lender Lending Works that shows...
Lending Down as Consumers Tighten Their Belts
Consumer lending is slowing down, from a 10-year-high of 7.2% last October to 6.1% this March. That's the verdict from the British Bankers Association (BBA). March's lending figure is also down compared to February’s 6.5%, with those seeking credit cards and loans...
NatWest Reveals 5 Most Common Money Scams
How many NatWest customers have been the victim of financial scams since 2016? According to the bank's own figures, it's a whopping 7,000.The bank, which is co-owned by the Royal Bank of Scotland, prides itself on creating 'safe, simple banking'. Little wonder, then,...
Consumers Focus on ‘Essential’ Purchases as Inflation Woes Hit
Consumer spending on 'non-essential' purchases are falling, according to a report by the British Retail Consortium (BRC).It was just a matter of time, of course, before consumers – already concerned about the economy, and the state of their personal finances – started...
New 8.7% ‘Peer-to-Peer’ ISA Launches, But Problems Loom
Look out, savers, there's a new type of ISA in town – and it's offering an attractive 8.7% interest rate on your savings. But before you rush out to sign up, it's worth knowing what this new ISA is, and why that generous interest rate might not be all it's cracked up...
National Living Wage Increases: How Much Will You Get?
The Government’s National Living Wage increased on April 1st, which means you could be in line for a pay rise – technically, at least. As laid out by Chancellor Philip Hammond during his recent budget, on Saturday, the minimum wage rose by 30p, from £7.20 to £7.50....
Former Minister Condemns New Lifetime ISA as Next ‘Mis-selling’ Scandal
The government's incentive for savers, a lifetime ISA, launches in April – but industry figures are far from impressed. Announced by George Osborne back in 2016, the lifetime ISA is designed as a tax-free savings account for the under-40s. But just months after...